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Feb 25, 2013
02/13
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apparently they're happy to take the whacks at the pentagon in the interest of cutting spending overall. who would have expected this? apparently the president didn't. and can the republicans get away with it? republicans in two key states are up to something now they're not giving up on schemes to rejigger the electoral college. they're out to help their candidates next time. republicans figure if they can't win in the system they're just out to change it. they're flag grant about it. >>> last in the os carries is about all of us. america is back in a winning mood. >>> finally in case you didn't realize it, michelle obama has got moves. ♪ that cross dresser there on the left of course is jimmy fallon. the first lady's evolution of mom dancing with jimmy fallon. that's tonight in the "sideshow." and this is "hardball," the place for politics. and every day since, we've worked hard to keep it. today, the beaches and gulf are open for everyone to enjoy. we've shared what we've learned, so we can all produce energy more safely. bp's also committed to america. we support nearly two-hundre
apparently they're happy to take the whacks at the pentagon in the interest of cutting spending overall. who would have expected this? apparently the president didn't. and can the republicans get away with it? republicans in two key states are up to something now they're not giving up on schemes to rejigger the electoral college. they're out to help their candidates next time. republicans figure if they can't win in the system they're just out to change it. they're flag grant about it....
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Feb 25, 2013
02/13
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the pentagon real blares the brunt of the sequestor kwuts. th -- cuts. >> doug luzader joining us live this morning. thank you, doug. >> bracing for more. many people in the central plains and the u.s. are realing from record snowfall. they are getting another twirn blast. the blizzard expected to drop another foot of snow from areas of texas and kansas. that's on top of the foot of snow people are still working to clean up right now. let's head over to maria molina to find out the latest and when we will have relief headed their way. >> looks like as we head into later in the day many areas will see improvement through texas and oklahoma and kansas. by tuesday it will move on to chicago where it could dump over 6 inches of snow becoming the most significant snowstorm so far they have seen this season. so this storm system going to produce across the central plains before heading east into the great lakes by tomorrow. it is already bringing down pretty heavy snowfall through portions of the texas panhandle oklahoma and kansas. this is where w
the pentagon real blares the brunt of the sequestor kwuts. th -- cuts. >> doug luzader joining us live this morning. thank you, doug. >> bracing for more. many people in the central plains and the u.s. are realing from record snowfall. they are getting another twirn blast. the blizzard expected to drop another foot of snow from areas of texas and kansas. that's on top of the foot of snow people are still working to clean up right now. let's head over to maria molina to find out the...
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Feb 25, 2013
02/13
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was supposed to come out of the defense department on sequester and taken them to other places in the pentagon where fat could be cut. stand up and be counted. put solutions on the table and we can cut spending and preserve defense capability. >>gretchen: there were governors on the talk shows yesterday, bipartisan support for what you're saying from governor o'malley and virginia's governor mcdonnell. let me ask you what you think the world reaction is to watching the united states, the biggest superpower in the world, talking so drastically about cuts to the pentagon and the military? >> the world sees yet another signal that america already has and will have to pull back from its obligations. enemies see weakness. allies see the potential for jumping back and forth on obligations to allies. i think they see equivocation, weakness and they wonder where america is going to be in its role in the world. that foments more violence which makes defense more necessary. >>gretchen: let's see what happens. deadline coming up this friday. coming up, he fought the president on unions and won. now gover
was supposed to come out of the defense department on sequester and taken them to other places in the pentagon where fat could be cut. stand up and be counted. put solutions on the table and we can cut spending and preserve defense capability. >>gretchen: there were governors on the talk shows yesterday, bipartisan support for what you're saying from governor o'malley and virginia's governor mcdonnell. let me ask you what you think the world reaction is to watching the united states, the...
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Feb 25, 2013
02/13
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CNBC
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keeping in mind the defense industry for pentagon, coming from the pentagon and defense budget expected to be hard hit if the sequester gez through. back to you. >> i will pick it up from there. i'm glad you mentioned defense stocks. we will talk about that more in the show. rick santelli, how are treasuries reacting to the fun and games? >> same way as every market from the s&p to the euro currency to dollar index, we have seen a big reversal. we are now at a 187 yield having closed near that since the 24th of january. we close at 176 which means we are up 11 basis point on the year and maybe the most important issue is we can now somewhat get an idea of what the reasoning for higher rate has been. it's been so of the issues of funding in europe. we've isolated it. now if this is a reverend up um on the euro and i know i'm way too early jumping the gun on that. when it is hard to get something from the treasury market, today is a day of a bit of enlightenment. >> rick santelli, grazzi. see you again sometime here. >>> mark set struggling to find their groove right now. but while a nice
keeping in mind the defense industry for pentagon, coming from the pentagon and defense budget expected to be hard hit if the sequester gez through. back to you. >> i will pick it up from there. i'm glad you mentioned defense stocks. we will talk about that more in the show. rick santelli, how are treasuries reacting to the fun and games? >> same way as every market from the s&p to the euro currency to dollar index, we have seen a big reversal. we are now at a 187 yield having...
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Feb 25, 2013
02/13
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it is especially true, a new york times article saying republicans would hit steep cuts hitting the pentagon. here is how the defense sector is fairing right now. shall we take a look if we don't have that, we will bring it to you when we do. john harwood, live in washington. hi, john. >> there is no more clarity around this budget sequester situation than there is about the italian elections that michelle was talking about earlier. you've got many republicans as well as democrats saying, either publicly or privately, oh, it's not that bad. if you're a democrat will it cut defense. some say okay, it'll cut spending overall. that's fine too. you have president obama with public pressure trying to convince the american people that bad things are going to happen and put pressure on republicans. he also sent senate remarks in the morning to the white house a way out for both sides. >> democrats, like me, need to acknowledge that we're going to have to make modest reforms in medicare if we want the program there for future generations and if we hope to maintain our ability to invest in critical t
it is especially true, a new york times article saying republicans would hit steep cuts hitting the pentagon. here is how the defense sector is fairing right now. shall we take a look if we don't have that, we will bring it to you when we do. john harwood, live in washington. hi, john. >> there is no more clarity around this budget sequester situation than there is about the italian elections that michelle was talking about earlier. you've got many republicans as well as democrats saying,...
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Feb 25, 2013
02/13
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virginia, where the pentagon is, big navy installations, the republican governor is going to be suffering if the sequester goes in to effect. i was in utah last week. the government is the single largest employer including an air force base in the middle of utah with $1.2 billion in payroll per year and the governors of the red states are complaining about this pretty quickly. >> well, dan, first i want to ask you as a "newsweek" ambassador to explain the cover. will an asteroid destroy the earth? >> try to keep all the bases covered. >> yes or no there. >> wow. way to bury the lead. i can't believe we're talking about sequester when they're breaking that story. >> if you think the budget cuts are going to be severe wait until you see that. >> wait until the asteroid hits. >> big tease, dan. i want to ask about obama's strategy. recently over the weekend to sort of demagogue this hysteria. maybe he knows the asteroid is coming. forgetting the untruths of navy ships and criminals running wild in the streets because of the cuts, let's talk just about the impact of that kind of going back to
virginia, where the pentagon is, big navy installations, the republican governor is going to be suffering if the sequester goes in to effect. i was in utah last week. the government is the single largest employer including an air force base in the middle of utah with $1.2 billion in payroll per year and the governors of the red states are complaining about this pretty quickly. >> well, dan, first i want to ask you as a "newsweek" ambassador to explain the cover. will an asteroid...
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Feb 25, 2013
02/13
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KNTV
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if you're making a 7%, 8% cut in the pentagon, the first thing you must do is pull back an aircraft carrier from the persian gulf. really, it's the first thing? with that said, when you begin looking at the numbers and the difficulty of cutting, you realize you can't furlough uniformed military personnel. you're going to end up furloughing civilians. you can't make certain cuts so they become more drastic. in this situation they could have made more long-term. they have multiple deadlines, as we all know. what people in congress are talking about, how to combine them. how do you combine the sequester with the budget battle coming up, with the debt ceiling fight that's going to come back again. how do you add those together so you come up with a larger deal. >> the washington dimension is striking, too. now you have bob woodward of the "washington post" taking on the white house saying the president is moving the goalpost by insisting on tax revenues being in there. let me read a portion of what's in his opinion piece this morning. the final deal reached between vice president biden and sena
if you're making a 7%, 8% cut in the pentagon, the first thing you must do is pull back an aircraft carrier from the persian gulf. really, it's the first thing? with that said, when you begin looking at the numbers and the difficulty of cutting, you realize you can't furlough uniformed military personnel. you're going to end up furloughing civilians. you can't make certain cuts so they become more drastic. in this situation they could have made more long-term. they have multiple deadlines, as...
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Feb 25, 2013
02/13
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the house republicans are putting in a provision that will give agency heads especially at the pentagon the flexibility to decide how cuts are to be administered. the white house is resisting that. this is the empire, the empire striking back, stuart. big bloated government is going to fight for every penny it can get. even though it's only a penny on the dollar they're going to fight fiercely for it they know if it's done once it might be done again. stuart: let me summarize this. we would have these cuts in place until the end of march, and then, because we need to organize our government finances. >> because we haven't had a budget. stuart: we haven't had a budget, those cuts would stay in place and still be cutting the budget, but agency heads would be allowed to say we'll cut the conference budget, we won't cut personnel. >> yes. stuart: we'll cut the school janitor, but not the teacher say that after march 27th. >> that's what the republicans are moving toward. stuart: i can't see how the president could resist that. >> he wants to resist because the cuts would take place, for onc
the house republicans are putting in a provision that will give agency heads especially at the pentagon the flexibility to decide how cuts are to be administered. the white house is resisting that. this is the empire, the empire striking back, stuart. big bloated government is going to fight for every penny it can get. even though it's only a penny on the dollar they're going to fight fiercely for it they know if it's done once it might be done again. stuart: let me summarize this. we would...